Metafluence

Halal Rating :
Comfortable
Last Price $0.00018 Last updated:
Rank 4439
1D Change -4.04 %
Market Cap -
Circulating supply 0
Maximum supply 4,800,000,000

Crypto Overview

Categories
  • AI & Big Data
  • Collectibles & NFTs
  • Metaverse

Purpose and Utility

Metafluence aims to create a metaverse ecosystem specifically designed for social media influencers, allowing them to monetize their influence through virtual spaces called 'Metahuts'. The METO token serves as the platform's native currency for transactions and governance.

Business Model Analysis

The project focuses on creating legitimate utility through digital real estate and influencer monetization tools in the metaverse. The business model appears to be transparent and doesn't involve any inherently prohibited activities under Islamic law. All transactions involve real digital asset ownership and utility transfer.

Development and Adoption

The project shows ongoing development activity, though adoption remains in early stages. The team has been actively working on platform development and has established partnerships with various influencers and brands.

Token Distribution and Founder Analysis

Token distribution includes vesting periods for team members and early investors, showing some protection against rapid selling. The project maintains transparency regarding token allocation and usage.

Technical Implementation

Built on the Ethereum blockchain, Metafluence implements smart contracts for handling transactions and platform governance. The technical architecture appears sound and focused on delivering the promised utility.

Crypto Impact

To assign a comfort level investing in Metafluence from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Metafluence.

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